Montana Avenue Retail
For Sale
$6,995,000
1031 Montana Ave, Santa Monica, CA 90403
Fully leased, single-tenant NNN retail property on Montana Avenue.
Property Size2,929 SF
Lot Size0.12 Acres
Price / SF$2,388
Days on Market100
Property Features for 1031 Montana Ave
General Information
Standard status
Active
Size
2,929 SF
Lot size
0.12 Acres
Property subtype
Retail
Building Details
Building Size
2,929 SF
Year Built
1950
Listing Agency:
(310) 899-2728
Listed By:
Spencer Horak
Source:
Lee-associates
Added: May 21
Changed: Aug 27
Last Checked: Aug 26 at 6:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Spencer Horak
Investment Insights
Based on property information with market context.
The property at 1031 Montana Avenue offers an opportunity to acquire a fully leased, single-tenant NNN retail investment. The building has approximately 2,929 square feet of space and is situated on a lot of approximately 5,380 square feet. It is located along one of Montana Avenue’s corridors. The property was fully renovated in 2015 and features street frontage, visibility, and pedestrian traffic. The location is near dining and boutique retail, with access to Pacific Coast Highway and Westside thoroughfares. It is also located close to Palisades Park and the beach. The property is located along one of Santa Monica’s retail corridors and has display windows for exposure. The surrounding area has high-income demographics with consumer spending. The area has tenant demand with local and national brands.
Key Highlights
- Fully leased, single‑tenant NNN retail investment.
- Located on a highly desirable section of Montana Avenue.
- Fully renovated building (2015).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,717
Businesses Nearby
99k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 51%
Shops & Services 20%
Dining 17%
Home Improvements & Furnishings 9%
Pavilions
Groceries
25,077 visits/mo
0.1 miles
Whole Foods Market
Groceries
24,854 visits/mo
0.3 miles
Peet's Coffee & Tea
Dining
9,189 visits/mo
0.3 miles
Williams-Sonoma
Home Improvements & Furnishings
7,519 visits/mo
0.4 miles
Citibank
Shops & Services
5,907 visits/mo
0.4 miles
Demographics for 90403, CA
25,278
Population
14,853
Households
1.7
Avg Household Size
42
Median Age
72%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
18,056
Density / Sq Mi
$121,512
Median Household Income
$82,557
Median Earnings
$2,443
Median Rent
$1,553,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Fully leased, single-tenant NNN retail property on Montana Avenue.
Where is this nnn property located?
The property is located at 1031 Montana Ave Santa Monica, CA.
What is the asking price?
The asking price for this property is $6,995,000.
What are key features of this property?
This property features: Fully leased, single‑tenant NNN retail investment.; Located on a highly desirable section of Montana Avenue.; Fully renovated building (2015).
